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Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

The World's 5 Richest Sports Team Owners

⏲ 3:10 👁 3.5M

Benji Blue Bills

Benji Blue Bills - Hot Shells (Official Music Video)

⏲ 2 minutes 11 seconds 👁 104.9K

FilmIsNow Movie Bloopers u0026 Extras

Ghost In The Shell release clip compilation (2017)

⏲ 7 minutes 28 seconds 👁 4M

CGTN TV interview withJustin Urquhart-Stewart, Investment manager and business commentator

Why is Shell considering quitting the London stock market for the U.S.?

⏲ 3:34 👁 5.4M

T-Virus Terrance

Scarlett Johansson Sexy Scene | Ghost in the Shell (2017)

⏲ 33 seconds 👁 28.4K

theatakanm

Ghost in the Shell (2017) - Skinny Man (Street Gun Fight, Chase & Invisible Water Fight) Scene

⏲ 4 minutes 20 seconds 👁 3.5M

Watch: A walk-through of the new Warrigal Shell Cove apartments.

New apartments open at Warrigal Shell Cove | April 10, 2024 | Illawarra Mercury

⏲ 1:7 👁 2.8M

City Morgue

ZillaKami x SosMula - HOT SHELLS (Official Audio)

⏲ 2 minutes 15 seconds 👁 856.5K

ELEVATOR

Valee - \"Shell\" (Official Music Video)

⏲ 1 minute 50 seconds 👁 864.3K

Is Wael Sawan bluffing when he says he is prepared to move Shell’s main listing from London to New York if its shares stay as undervalued as they are currently? I would not bet on it.Although his Bloomberg interview is the first time the oil giant’s CEO has made the threat explicitly in public, he has been saying much the same thing privately for some time.

If the London Stock Exchange doesn't improve, Shell CEO will move its HQ

⏲ 0:42 👁 1.1M

HotandFlashy

Wearable Spring Trends for 2024! 14 Casual to Dressy Outfit Ideas Over 40!

⏲ 22 minutes 14 seconds 👁 18.2K

Paramount Pictures

Ghost In The Shell (2017) - Official Trailer - Paramount Pictures

⏲ 2 minutes 17 seconds 👁 2.7M

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